XML 60 R46.htm IDEA: XBRL DOCUMENT v3.25.0.1
LEASES (Tables)
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Summary of Components of Lease Expense
The following table summarizes the components of lease expense:
Year Ended December 31,
Dollars in millions202420232022
Operating lease cost$290 $317 $224 
Variable lease cost74 79 55 
Short-term lease cost23 20 20 
Sublease income(35)(11)(6)
Total operating lease expense$352 $405 $293 
Supplemental balance sheet information related to leases was as follows:
December 31,
20242023
Weighted average remaining lease term9 years10 years
Weighted average discount rate5 %4 %
Operating Lease Right-of-Use Assets and Liabilities
Operating lease right-of-use assets and liabilities were as follows:
December 31,
Dollars in millions20242023
Other non-current assets$1,224 $1,390 
Other current liabilities181 162 
Other non-current liabilities1,370 1,530 
Total liabilities$1,551 $1,692 
Future Lease Payments for Non-Cancellable Operating Leases
Future lease payments for non-cancellable operating leases as of December 31, 2024 were as follows:
Dollars in millions
2025$255 
2026235 
2027208 
2028188 
2029185 
Thereafter850 
Total future lease payments1,921 
Less imputed interest(370)
Total lease liability$1,551